XML 103 R91.htm IDEA: XBRL DOCUMENT v3.25.1
Income Taxes - Tax Effects of Deferred Tax Assets and Deferred Tax Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Income Tax Disclosure [Abstract]    
Operating loss carryforwards $ 181.1 $ 217.2
Capital loss carryforwards 17.8 9.7
Insurance reserves: Losses and loss adjustment expenses 111.2 104.1
Unrealized losses on investments 7.4 8.9
Accrued expenses 11.3 13.4
Foreign tax credit carryforwards 22.0 19.0
Unearned premiums 34.5 35.0
Intangible assets 82.7 82.9
Office properties and equipment 14.7 16.5
Operating lease liability 15.0 15.6
Other temporary differences 8.1 7.6
Total deferred tax assets 505.8 529.9
Less valuation allowance (64.0) (172.7)
Deferred tax assets, net of valuation allowance 441.8 357.2
Deferred acquisition costs (31.0) (32.4)
Intangible assets 0.2 0.0
Operating lease assets (10.4) (10.4)
Deferred Tax Liabilities, GAAP differences 0.0 0.1
Other temporary differences (3.4) (3.3)
Total deferred tax (liabilities) (45.0) (46.2)
Deferred tax assets, net $ 396.8 $ 311.0